Big & Fast Data: The Rise of Insight-Driven Business - UK
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Big & Fast Data: The Rise of Insight-Driven Business Capgemini view The UK market has developed significantly in the last 12 months. Business leaders are increasingly tuned in to, and excited by, the opportunities to be gained from unlocking data and creating insight. They understand new technologies and look for highly agile ways of working to realize value early. UK businesses see proof-of-concept projects as easy to start and able to develop rapidly into production solutions. IT departments have to work quickly to ensure these solutions are secure, governed and integrated. We are seeing traction in all sectors, with the public sector as a true pioneer. Low cost and open source are highly favored in that sector and, with vast data sources to hand, compelling use cases are easy to find. Overall, the UK is moving ahead of the rest of Europe in the big data stakes. Many companies are restructuring to capture the opportunity. They appreciate the transformational possibilities of big data, anticipate disruption, and often recognize that big data could unlock entirely new revenue streams. However, they still have some way to go to close up the gap between themselves and the US and BRIC countries. The UK is moving ahead of the rest of Europe in the big data stakes United Kingdom
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Transcript of Big & Fast Data: The Rise of Insight-Driven Business - UK
Big & Fast Data: The Rise of Insight-Driven Business
Capgemini viewThe UK market has developed significantly in the last 12 months. Business leaders are increasingly tuned in to, and excited by, the opportunities to be gained from unlocking data and creating insight. They understand new technologies and look for highly agile ways of working to realize value early.
UK businesses see proof-of-concept projects as easy to start and able to develop rapidly into production solutions. IT departments have to work quickly to ensure these solutions are secure, governed and integrated. We are seeing traction in all sectors, with the public sector as a true pioneer. Low cost and open source are highly favored in that sector and, with vast data sources to hand, compelling use cases are easy to find.
Overall, the UK is moving ahead of the rest of Europe in the big data stakes. Many companies are restructuring to capture the opportunity. They appreciate the transformational possibilities of big data, anticipate disruption, and often recognize that big data could unlock entirely new revenue streams. However, they still have some way to go to close up the gap between themselves and the US and BRIC countries.
The UK is moving ahead of the rest of Europe in the big data stakes
United Kingdom
About Capgemini
With almost 145,000 people in over 40 countries, Capgemini is one of the world’s foremost providers of consulting, technology and outsourcing services. The Group reported 2014 global revenues of EUR 10.573 billion.
Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model.
Learn more about us at www.capgemini.com/insights-data
or contact us at [email protected]
The information contained in this document is proprietary. ©2015 Capgemini.All rights reserved. Rightshore® is a trademark belonging to Capgemini.
Perception of big data as a disruptorOur study found unequivocal evidence that organizations are experiencing and anticipating industry disruption relating to big data. The UK is typical of more developed economies, with 72.5% of respondents either experiencing disruption or anticipating it over the next three years. Only China and Brazil had a significantly higher level of anticipated and actual disruption.
What type of disruption is this? About 56% of UK respondents say that big data is enabling non-traditional providers to move into their industry from other industries; 47% say that there is, or will be, increasing competition in their industry from data-enabled start-ups. These figures are slightly below the global average (which includes dynamic economies such as Brazil and China) but above average for Europe.
Awareness of big data opportunitiesUK organizations have high expectations of the transformational possibilities of big data. A majority (57%) see big data as capable of enhancing existing revenue streams by becoming a revenue driver in its own right. An even higher proportion (61%) say that it can unlock entirely new revenue streams. These figures are higher than average for Europe though not as high as for leaders like China, Brazil and the US.
However, relatively high proportions of UK respondents disagreed that big data offered the ability to enhance and create new revenue streams (15% for both). This finding suggests an economy that is attitudinally polarized, with some organizations being highly aware while others risk becoming “data laggards”.
Implementation approachAbout 41% of UK respondents said their companies are restructuring to exploit data opportunities, or have already done so, with a third introducing C-level roles relating to data. More than half (56%) of the UK organizations that we studied have already implemented big data technology or are in the process of doing so. Once again, these figures are well above the European average, though low in comparison with China, Brazil and the US.
56% of UK respondents say that big data is enabling non-traditional providers to move into their industry from other industries.
